Keyword: Marathon Petroleum

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Marathon Oil Taps Exxon Mobil Executive as next CEO

13.06.2013 - Marathon Oil has tapped an Exxon Mobil executive to become its next CEO when Clarence Cazalot retires at the end of the year. Lee Tillman, Exxon Mobil's vice president of...

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Cheaper Crude Helps Phillips 66 Double Quarterly Profit

01.05.2013 - U.S. refiner Phillips 66 said on Wednesday that first-quarter earnings more than doubled as it used cheaper American- and Canadian-produced crude oil to make gasoline and other...

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Marathon Petroleum Closes BP Texas City Refinery Deal

04.02.2013 - Marathon Petroleum on Friday closed its $2.4 billion acquisition of BP 's Texas City, Texas, refinery, both companies said. Marathon also said that the 451,000 barrels-per-day...

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Republican Senators: US Oil Reserves Should Be Kept for Emergency

02.10.2012 - Strategic reserves of oil should be kept for true supply shocks seven top Republicans in the U.S. Senate told President Barack Obama on Monday, urging the White House to avoid...

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Texas Refinery Crisis Rattles Saudi Oil Export Drive

21.06.2012 - Saudi Arabia's unexpected surge in oil exports to the United States this year has fallen into question following a deepening crisis this month at the kingdom's jointly owned and...